Trevor Bateman, credit analyst in the fixed-income research and portfolio management team at CIBC Asset Management. On the question of what our view is on the telecom industry for 2021 and the major themes, overall, we have a generally favourable view of the industry fundamentals and believe that telecom bonds are a core component of a corporate bond portfolio. We do like the industry structure here in Canada, with really three national operators and some smaller, more regional operators. But that generally is supportive of rational competition, which fosters a profitable industry. When I look at the fundamentals, 2020 negatively impacted the industry in terms of revenues and EBITDA. And we see a rebound occurring in 2021. Generally speaking, we’re looking for revenues and earnings to grow in the mid-single digits area in 2021, and that supports cash flow growth and positive free cash flow.